Futu Holdings Limited (FUTU) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit

National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Futu Holdings Limited (NASDAQ: FUTU) ("Futu" or the "Company") on behalf of investors who purchased or acquired Futu securities during the period from May 24, 2023 through May 27, 2026 (the "Class Period"). Investor Deadline: Investors who purchased or acquired Futu securities during the Class Period may, no later than August 25, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE. Based in Hong Kong, Futu operates an online brokerage platform offering securities trading, wealth management products, and related financial services to investors in multiple markets. According to the complaint, throughout the Class Period, Defendants failed to disclose that certain Futu entities allegedly conducted securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approvals, subjecting Futu to significant regulatory enforcement and monetary penalties. The truth allegedly began to emerge on May 22, 2026, when Futu disclosed that it had received a Notification Letter from the CSRC proposing approximately RMB1.85 billion (approximately US$271 million) in confiscation of alleged illegal gains and fines, as well as a proposed personal fine against the Company's founder and CEO, Li Hua. Following these disclosures, Futu's stock price declined 27.5%. The alleged risks further materialized on May 28, 2026, when Futu announced first-quarter 2026 financial results reflecting the proposed penalties. Following this disclosure, the Company's stock price declined an additional 4.8%. If you are a Futu investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.